Forex

GBP/USD: Key Levels to Watch with UK Retail Sales in Focus

GBP/USD is rebounding after Thursday’s plunge. The decline was the market’s reaction to better-than-expected US initial jobless claims. The reading…

Apr 23, 2021, 05:21 BST

EUR/USD: Dovish Comments by ECB Chair Leaves 1.2000 as a Logical Target

The EUR/USD pair peaked briefly at the 1.20695 price level this Thursday after the European Central Bank left its key…

Apr 22, 2021, 14:51 BST

US Dollar Index Gains Mildly as Weekly Initial Jobless Claims Declines Further

The US Dollar Index was little changed this Thursday after data from the Department of Labor showed a reduction in…

Apr 22, 2021, 14:29 BST

USD/CAD Plunges Following the Hawkish BoC Interest Rate Decision

USD/CAD has declined further as investors digest Wednesday’s BoC interest rate decision. As was expected, the bank retained interest rates…

Apr 22, 2021, 08:44 BST

EUR/USD Forecast: Implications of the ECB Interest Rate Decision

EUR/USD has eased on its rally as investors focus on the ECB interest rate decision scheduled for Thursday. While the…

Apr 22, 2021, 06:23 BST

USD/CAD Sharply Lower As BoC Tapers Weekly QE Purchases to C$3 billion

The Bank of Canada (BoC) has just announced its interest rate decision, leaving the key rate unchanged at 0.25% at…

Apr 21, 2021, 15:36 BST

USD/CAD Forecast Ahead of the BoC Interest Rate Decision

USD/CAD is trading lower as investors eye Wednesday’s BoC interest rate decision. The central bank is expected to leave interest…

Apr 21, 2021, 09:11 BST

GBP/USD: Key Levels to Watch with UK Inflation Data in Focus

GBP/USD is trading lower after the US dollar managed to rise past the $91 mark in the previous session. However,…

Apr 21, 2021, 05:40 BST

USD/ZAR: South African Rand Momentum to 14 Could Continue

The USD/ZAR pair is hovering near its lowest level since January 20 as the dollar sell-off cools. The pair is…

Apr 20, 2021, 10:15 BST

GBP/USD Eases Following Mixed UK Employment Data

GBP/USD has eased after experiencing resistance at 1.4000. However, the pair remains on an uptrend amid a weakening US dollar.…

Apr 20, 2021, 09:52 BST